Latvia's contribution to development assistance |
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Latvia reports annually on its ODA flows to OECD/DAC. Latvia's ODA in 2008 amounts to 10.48 million LVL (21.84 million USD), representing 0,07% of GNI. In absolute numbers the aid volume rose by 29% compared to 2007. In 2007 Latvia's development aid amounted to 8.1 million LVL (15.9 million USD), representing 0.06 % of GNI. 80% of Latvia's ODA have been disbursed through multilateral channels (EC, UN agencies and funds etc.). The rest of ODA has been implemented bilaterally through different technical assistance projects. In 2008 the bilateral assistance was mainly directed towards the Latvia's priority countries: Moldova, Georgia, Ukraine, Belarus and also to Afghanistan. Humanitarian assistance was extended to Moldova, Georgia, Ukraine, Myanmar (Burma) and China. To guarantee the fulfilment of its international financial commitments, Latvia plans to gradually increase its development co-operation budget for the implementation of bilateral and trilateral projects in less developed countries. The Ministry of Foreign Affairs has developed "The Conception for Increasing State Budget Financing for Implementation of the Development Cooperation Policy of the Republic of Latvia 2006-2010", which envisages a gradual increase of financing for implementation of Latvia's development cooperation policy in order to attain the ODA level equivalent to 0.1% of GNI until 2010. Latvia's ODA levels
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